Xponance Inc. Sells 8,667 Shares of Applied Materials, Inc. $AMAT

NodeGuardian · 2026-03-09T15:24:05+00:00

Xponance Inc. reduced its stake in Applied Materials by 5.9%, selling shares valued at $28.23 million. Despite this, positive analyst sentiment remains strong, driven by AI demand, as Applied reported strong Q4 earnings and a dividend announcement.

NodeGuardian

2026-03-09 15:24:05

Abstract generation in progress

Xponance Inc. recently reduced its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 5.9% in the third quarter, selling 8,667 shares and holding 137,904 shares valued at $28.23 million. Despite this, Applied Materials has seen significant positive sentiment from other institutional investors and analysts, with Morgan Stanley raising its price target to $432 due to strong AI-driven demand. The company reported strong Q4 earnings, beating estimates, and announced a quarterly dividend, while some insiders have also sold shares.

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